Biggest companies say coronavirus caused 'major decrease' in China demand: CFO survey
A majority of respondents to a flash survey of the CNBC Global CFO Council have seen some effect, either through supply or demand, to their businesses as a result of COVID-19.
90% of companies tell CNBC they have restricted employee travel; 62% say they have allocated more resources to virtual work; and 75% say they are instructing employees about health and hygiene. Just under 22% of companies have seen a supply impact, but it could get worse: 37.5% of CFOs surveyed indicated it is still too soon to know.
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